Houghton College Tuition 2021| The College Monk

$31,972

Tuition

$45,626

Cost of Attendance

$24,938

Net Price

Houghton College Tuition and Fees

Houghton College offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $33,458, which includes the total tuition fees and other expenses. While housing costs $9,568, the charges for books and supplies and other expenses stand at $1,000 and $3,125, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$32,488	$32,488
Book & Supplies	$1,000	$1,000
Room & Board cost	$9,288	$9,288
Other Expenses	$2,850	$2,850
Total Cost of Attendance	$45,626	$45,626

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. What's more, at Houghton College, the total tuition and fees for the enrolled students come out to be around $33,458 in a year. Other than that, they will need to shell out an amount of $1,000 for books and supplies, $7,784 for room and boarding charges, and $3,125 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at HC is around $45,367, as per the available information.

Average Net Price by Family Income

Net Price

$24,938

Family Income

Avg. Net Price

$0 to $30,000

$24,162

$30,001 to $48,000

$17,749

$48,001 to $75,000

$23,378

$75,001 to $110,000

$23,789

$110,000+

$24,792

The net cost of attending Houghton College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $23,992 at HC. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $23,764. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $20,347. On the other hand, an estimated net cost of $20,944 is charged for the $48,001-$75,000 income bracket, $21,309 for the $75,001-$110,000 income category, and $23,076 for an annual family income more than $110,000.

Student Loans

Example Loans

$81,984

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$851

Total interest paid

$20,114

Sum of Loan Payments

$102,098

To have a realistic understanding of how much it will cost to study at Houghton College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $81,984 for example. This will result in a $10,210 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $102,098 which is $20,114 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$32,488	$32,488
Room & Board Cost	$9,288	$9,288
Total Tuition & Fees	$41,776	$41,776

At Houghton College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $33,458 per year. Alongside that, they will likewise need to shell out around $7,784 toward their room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $45,367 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$12,520	$12,520
Fees	$2,182	$2,182

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at HC, the amount totals around $15,634. This includes $13,360 for the graduate tuition as well as an amount of $2,274 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$626
Undergraduate	2018 - 2019	$1,344

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend HC. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $260 and the undergraduate cost per credit hour at $257. Houghton College also offers a wide range of online programs across 53 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$9,288	$6,000
Other Expense	$2,850	$3,400
Book & Supplies	$1,000	$1,000

Moving on to the housing and related expenses at Houghton College, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $12,418 per year, whereas, the cost for off-campus lodging is $9,400 a year. For on-campus students at the university, the room and board charges total around $9,568 per year, while the amount charged for off-campus candidates stands at $6,000. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. The other expenses that students should plan for come to around $2,850 for on-campus candidates and $3,400 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,288

Off Campus

$6,000

Housing & Other Expenses

Other Expenses

On Campus

$2,850

Off Campus

$3,400

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Bachelors	NA	NA
Associate	NA	NA

Houghton College offers 11 online programs across 4 Majors.

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at HC are projected to cost around $228,392 as per official data. For undergraduate students, the total expenses added up to $23,992 in 2018-2019, $24,938 in 2017-2018, and $19,437 in 2016-2017.